Epic Research

Tuesday, January 22, 2013

Epic Update : Indian Metals & Ferro Alloys

Indian Metals & Ferro Alloys (IMFA) has received an approval for sale of its 30 MVA furnace and other related assets, including, the plant and machinery related to briquetting plant and the gas cleaning plant (FAD) to IMFA Alloys Finlease (IAFL), a wholly owned subsidiary of IMFA, as asset sale. The board at its meeting held on January 21, 2013 has approved for the same.

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